624 Poinsetta Dr · Little Rock, AR 72205

$134,900

2 bd · 2.0 ba · 1,350 sqft · SingleFamily public records · 7 Days on market

Built 1965 Est $197k · 32% under $15/mo HOA · 1% of rent

---

Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +14.9/30.0
• DSCR +4.6/10.0
• 1% rule +4.2/10.0
• Livability +3.7/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

INVESTORS! Look no further! This 2 bedroom 2 bath home sits on a large corner lot and is located in a really nice older subdivision and would make a great Rental Property to add to your portfolio or a great Fixer Upper! It has a formal living room and den, nice kitchen space with plenty of cabinets, bar seating, and a Side x Side refrigerator. A large outside carport also offers additional storage space and the laundry room, equipped with a dryer. It's within walking distance to the neighborhood park and pool as well as fine dining and shopping. This property won't last long! Schedule your showing today!!

Key facts

• Kitchen space
• Formal living room
• Den

Tags

• CORNER LOT
• FORMAL LIVING ROOM
• DEN
• KITCHEN SPACE
• BAR SEATING
• SIDE X SIDE REFRIGERATOR

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $40 ($486/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $124k (8.4% below list).
• Recommended offer: $124k (8.4% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 4.1% in Little Rock — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#22 in AR) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F.
• Little Rock School District (urban): math 23% / reading 26% proficiency, ranked #183 of 238 in AR (top 77%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Mcdermott Elementary School (math 8% / reading 12%, grade F, #429 of 454 statewide, top 96%, 296 students, 92% FRL); Central High School (math 32% / reading 42%, grade F, #64 of 292 statewide, top 26%, 2,338 students, 53% FRL) — zoned schools at 73% FRL track the district average.
• Market conditions: Rents rising (+2.4%/yr); 123 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,006 units permitted in Pulaski County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Pulaski County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $123,600 (8.4% below list)

Questions for the listing agent

1. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.92% ✗
• Cap rate: 6.65%
• Cash-on-cash: 1.29%
• DSCR: 1.06
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $197,100
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
624 Poinsetta Dr	0.00mi	2/2.0	1,318 (-2%)	1mo	$115,000	$87	95
319 Poinsetta Dr	0.19mi	3/2.0 (+1)	1,402 (+4%)	0mo	$239,000	$170	79
3 Pyeatt Cir	0.07mi	3/2.0 (+1)	1,215 (-10%)	2mo	$218,000	$179	73
9904 Snider Ct	0.20mi	3/2.0 (+1)	1,457 (+8%)	3mo	$195,000	$134	70
9815 Brooks Ln	0.22mi	3/2.0 (+1)	1,221 (-10%)	2mo	$178,000	$146	68
12 Serenity Dr	0.55mi	3/2.0 (+1)	1,368 (+1%)	2mo	$174,900	$128	65
1209 Southedge Dr	0.33mi	3/2.0 (+1)	1,488 (+10%)	1mo	$187,000	$126	62
26 Warwick Rd	0.51mi	3/2.0 (+1)	1,407 (+4%)	3mo	$234,000	$166	62
8508 N Rodney Parham	0.72mi	3/2.0 (+1)	1,335 (-1%)	3mo	$161,000	$121	57
318 Ellis Dr	0.32mi	3/1.5 (+1)	1,160 (-14%)	0mo	$177,000	$153	54
9304 6th St	0.72mi	3/2.0 (+1)	1,313 (-3%)	3mo	$113,000	$86	54
302 Oak Ln	0.54mi	3/2.0 (+1)	1,213 (-10%)	1mo	$210,000	$173	52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.4% rent growth · sell at horizon

5-year hold

• IRR: -14.9%
• Equity multiple: 0.47×
• Total profit: $-20,001
• Equity at exit: $20,114

10-year hold

• IRR: -7.3%
• Equity multiple: 0.55×
• Total profit: $-17,018
• Equity at exit: $11,664

Cash invested: $37,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 92 Strongly Landlord-Friendly
• State Arkansas: 92 Strongly Landlord-Friendly · R+14
• County: — inherits STATE
• City: — inherits STATE

Only US state where non-payment is criminal. Strongly landlord-favorable; very few tenant protections.

Methodology + full state rankings →

ZIP-level market 72205

• Rents YoY: 2.4%
• Active inventory: 123
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,236 high
• Mortgage (P&I): −$707
• Tax from tax record: −$157 /mo · $1,888/yr
• Insurance: −$56
• HOA: −$15
• Vacancy / Maint / Mgmt: −$260
• Net cashflow: $40

Break-even live

Break-even rent $1,185

Max offer price $134,900

Occupancy floor 92%

Sensitivity live

Price	-10% $117	-5% $79	+0% $40	+5% $2	+10% $-36
Rent	-10% $-57	-5% $-8	+0% $40	+5% $89	+10% $138
Rate	-1.0pp $108	-0.5pp $75	base $40	+0.5pp $6	+1.0pp $-30

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9910 Brooks Ln Little Rock, AR	3.0	2.0	1140	$1,450	$1.27	45d	1	0.25mi
8 Towne Park Ct #10 Little Rock, AR	2.0	2.0	1061	$975	$0.92	45d	1	0.28mi
13 Rosemunn Dr Little Rock, AR	2.0	1.5	992	$895	$0.90	45d	1	0.33mi
101 Ellis Dr Unit D Little Rock, AR	2.0	1.0	904	$925	$1.02	25d	1	0.39mi
101 Ellis Dr Little Rock, AR	2.0	1.5	904	$925	$1.02	25d	1	0.39mi
10006 Raymond Dr Little Rock, AR	3.0	1.5	1450	$1,400	$0.97	45d	1	0.40mi
6 Brookside Cir Little Rock, AR	3.0	2.0	1700	$1,695	$1.00	25d	1	0.43mi
1400 Old Forge Dr Little Rock, AR	1.0–3.0	1.0–2.5	995	$1,002	$1.01	23d	16	0.44mi
16 Warwick Rd Little Rock, AR	3.0	2.0	1580	$1,650	$1.04	45d	1	0.50mi
51 Wolfbridge Lop Little Rock, AR	3.0	3.0	1497	$1,700	$1.14	23d	1	0.52mi
1001 Breckenridge Dr Little Rock, AR	2.0	1.5	909	$950	$1.05	45d	1	0.55mi
319 Oak Ln Little Rock, AR	3.0	2.0	1484	$1,481	$1.00	45d	1	0.59mi
320 Nebling Rd Unit B Little Rock, AR	2.0	1.5	1110	$995	$0.90	45d	1	0.62mi
9324 Northedge Rd Little Rock, AR	3.0	2.0	1435	$1,600	$1.11	45d	1	0.63mi
1807 Sanford Dr #3 Little Rock, AR	2.0	1.0	1056	$1,100	$1.04	25d	1	0.71mi
1807 Sanford Dr Little Rock, AR	2.0	1.0	1056	$1,200	$1.14	25d	1	0.71mi
1812 Sanford Dr Little Rock, AR	2.0	1.0	961	$995	$1.04	21d	1	0.72mi
1812 Sanford Dr Little Rock, AR	2.0	1.0	961	$995	$1.04	45d	1	0.72mi
1813 Sanford Dr Little Rock, AR	2.0	1.0	1056	$1,100	$1.04	25d	1	0.73mi
1820 Sanford Dr Unit 4 Little Rock, AR	2.0	1.5	1170	$1,300	$1.11	25d	1	0.74mi
1821 Sanford Dr Little Rock, AR	2.0	1.5	976	$925	$0.95	25d	1	0.74mi
9007 Cloverhill Rd Little Rock, AR	3.0	2.0	1270	$1,395	$1.10	45d	1	0.74mi
1812 Reservoir Rd Little Rock, AR	1.0–3.0	1.0–2.0	973	$890	$0.91	16d	17	0.76mi
1901 Sanford Dr Little Rock, AR	2.0	1.5	976	$975	$1.00	25d	1	0.76mi
1912 Sanford Dr Unit 2 Little Rock, AR	2.0	1.5	1100	$1,500	$1.36	45d	1	0.78mi
1912 Sanford Dr Little Rock, AR	2.0	1.5	1100	$1,475	$1.34	23d	1	0.78mi
1809 Reservoir Rd #19 Little Rock, AR	2.0	1.5	1122	$1,095	$0.98	23d	1	0.80mi
10901 Mara Lynn Rd Little Rock, AR	2.0	1.0	1000	$1,050	$1.05	45d	1	0.80mi
2018 Sanford Dr Unit 07 Little Rock, AR	2.0	1.0	950	$775	$0.82	45d	1	0.87mi
28 Pleasant Cv Little Rock, AR	3.0	2.0	1444	$1,500	$1.04	25d	1	0.88mi
11124 Mara Lynn Rd Unit D Little Rock, AR	2.0	1.0	1000	$725	$0.72	45d	1	0.94mi
8120 W Markham St Unit 2 Little Rock, AR	2.0	1.5	1000	$950	$0.95	45d	1	0.96mi
8120 W Markham St Unit 2 Little Rock, AR	2.0	1.5	950	$950	$1.00	25d	1	0.96mi
1601 N Shackleford Rd Little Rock, AR	1.0–2.0	1.0–2.0	748	$990	$1.32	23d	10	1.00mi
18 Cobble Hill Rd Little Rock, AR	3.0	2.0	1515	$2,500	$1.65	25d	1	1.10mi
2221 Wentwood Valley Dr Little Rock, AR	3.0	2.0	1247	$1,372	$1.10	45d	2	1.16mi
2221 Wentwood Valley Dr Apt 48 Little Rock, AR	3.0	2.0	1226	$1,395	$1.14	21d	1	1.16mi
508 Green Mountain Cir #80 Little Rock, AR	2.0	2.0	1060	$1,060	$1.00	45d	1	1.22mi
101 Hiawatha Dr Little Rock, AR	3.0	1.5	1251	$1,250	$1.00	45d	1	1.23mi
801 S Rodney Parham Rd Little Rock, AR	1.0–2.0	1.0–2.0	886	$900	$1.02	16d	10	1.25mi

HOA detail

• Monthly dues: $15 · $180/yr
• Likely covers: pool

Listing history 2 events

1. 2026-04-21
   status Under Contract
2. 2026-04-13
   listed $134,900 New Listing

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AR · Resets to sale price

• Current annual tax: $1,888 · $157/mo
• Projected year-2 tax: $1,888 · $157/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,832
• − Mortgage interest: −$7,556
• − Property taxes: −$1,888
• − Insurance: −$674
• − Repairs & maintenance: −$1,187
• − Management: −$1,187
• − HOA: −$180
• − Depreciation: −$3,924
• Taxable loss: −$1,764
• Est. tax savings @ 24.0%: +$423
• After-tax cash flow: $909/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Little Rock School District
• NCES district ID: 0509000
• Math proficiency: 23% ▼ -12.00%
• Reading proficiency: 26% ▼ -8.00%
• Median HH income: $43,346
• Composite: 21.0/100
• National rank: #8457
• State rank: #183 of 238 in AR

Livability — Little Rock

• Score: 73/100
• State rank: #22
• US rank: #5295

Category grades

Amenities C+ Commute A+ Cost of living A+ Crime F Employment C Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Little Rock, AR
• County: Pulaski County · 372,764 people
• City population: 218,896
• Metro: Little Rock-North Little Rock-Conway, AR
• Population (ZIP): 23,043
• Household income: $68,415
• Rent vs Own: 47.2% rent · 52.8% own
• Severe rent burden: 1073.0

Population outlook (Pulaski County) Hauer SSP2

• Today (2025): 415,378 people
• By 2030: 423,720 · +2.0%
• By 2040: 435,182 · +4.8%
• By 2050: 440,904 · +6.1%
• By 2075: 445,521 · +7.3%
• By 2100: 419,173 · +0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Black 26% Two or more races 4% Hispanic / Latino 3% Asian 3%
• Common ancestry: Italian 5% Slovak 3% Lithuanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · Spanish 3% Tagalog/Filipino 1% Other Indo-European 1%

Political lean MEDSL · Pulaski

• 2024 margin: Strong D (+22.1) · D 59.8% · R 37.7% · Other 2.5%
• 2008→2024 swing: +10.6pp toward D · 2008: 11.6pp · 2024: 22.1pp
• All cycles: 2024: D+22.1 2020: D+22.5 2016: D+17.9 2012: D+11.4 2008: D+11.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -243.61%
• Current HPI: 215.0083
• Rent YoY: ▲ 2.40%
• Metro: Little Rock-North Little Rock-Conway, AR
• State GDP YoY: ▲ 3.80%
• F500 in state: 10

Industry mix (Fortune 500 HQ in AR)

Industry	F500 HQs	Revenue
▸Retail	1	$681B
▸Food / Agriculture	1	$53B
▸Retail / Energy	1	$22B
▸Transportation / Logistics	1	$12B
▸Energy	1	$4B

Price history

2 events — show timeline

• 2026-04-21 Pending — CARMLS
• 2026-04-13 Listed $134,900 CARMLS

Property tax history

+1.0%/yr

Latest (2025): $1,888 · +0.0% YoY. Source: county tax records.